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in terms of the reality of getting anything passed, joy, nancy pelosi has 200 votes in the house. >> indeed. >> you need 218 to get anything passed. this back and forth and sort of, you know, thing that republicans are having with themselves ultimately may forb not. >> ultimately may be for not. what has changed on this planet and whatever planet the republicans are on. >> possibly jupiter. >> the tea party caucus has lost a lot of credibility. its taking its share of the blame for what happened in terms of republicans not being able to win the senate because of the crazy candidates that came from them. eric cantor having been the chief ally of the tea party wing of the house has had to fade in the background because trying to be brutus to john boehner's caesar didn't seem like a good strategy. all john boehner has to do is willing to make a deal with nancy pelosi to go to her and say deliver your people, which she can do, and he has to find 18 of his own people who have to get re-elected in two years, districts in wing district enough where compromising is in their benefit. he can f
in terms of the reality of getting anything passed, joy, nancy pelosi has 200 votes in the house. >> indeed. >> you need 218 to get anything passed. this back and forth and sort of, you know, thing that republicans are having with themselves ultimately may forb not. >> ultimately may be for not. what has changed on this planet and whatever planet the republicans are on. >> possibly jupiter. >> the tea party caucus has lost a lot of credibility. its taking its share...
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but his bottom line is the president is not saying what nancy pelosi is saying. >> i think nancy pelosi represents a more liberal wing. and i think the president is closer to coming to a deal with john boehner. if bob is here he would say that deal has already been done. i think that has to do with revenue. the republicans have been hesitant to come to the table eliminating deductions. will it be an enormous package? probably not. i think the president has blinked on tax increased before. i think he's likely to do it again. i just don't think there is the political appetite within the democratic caucus, particularly in the senate where harry reid has a number of moderate democrats to actually pass big tax reforms on the wealthy. bill: you would argue the president is more willing to do a big grand bargain more so than democrats in the house or maybe even democrats in the senate. >> the problem and we don't know how this is going to turn unions are pulling the president far to the left. if the president were to move on significant tax increases. republicans would make him pay with sweepi
but his bottom line is the president is not saying what nancy pelosi is saying. >> i think nancy pelosi represents a more liberal wing. and i think the president is closer to coming to a deal with john boehner. if bob is here he would say that deal has already been done. i think that has to do with revenue. the republicans have been hesitant to come to the table eliminating deductions. will it be an enormous package? probably not. i think the president has blinked on tax increased before....
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Nov 20, 2012
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just hang your hat on what nancy pelosi said. no. we're going to move the rates higher on the wealthiest americans and there's not going to be a deal on deductions that's going to get us to some number that's going to exist. let me give you the straight talk. somebody has to pay the bar tab. the democrats are willing to write the check, but the republicans, they want to get out scott free. isn't going to happen. democrats need to hold the line here and keep telling yourself, liberals, we won this election. and this was an exhausted topic throughout the entire conversation between president obama and mitt romney. we have the facts and the people on our side. get your cell phones out. tonight know what you think. tonight's question, who is paul ryan going to fight for? text a for the rich, text b for the middle class. you can always go to our blog. we'll bring you results later on in the show. let's bring in bill pascrell of new jersey tonight. also robert riech. gentlemen, great to have you with us tonight. congressman, let's start wi
just hang your hat on what nancy pelosi said. no. we're going to move the rates higher on the wealthiest americans and there's not going to be a deal on deductions that's going to get us to some number that's going to exist. let me give you the straight talk. somebody has to pay the bar tab. the democrats are willing to write the check, but the republicans, they want to get out scott free. isn't going to happen. democrats need to hold the line here and keep telling yourself, liberals, we won...
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Nov 20, 2012
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pelosi. she hasn't gotten the credit in the ones that passes legislation. this is pelosi who was on absentee this week talking about revenue raisers and the deal. >> would you accept a deal that does not include tax rate increases for the wealthy? we have talked about a possible compromise to cap deductions for high income earners. is that something that's acceptable? >> no. it's far too little money. and it could be they have said they wanted to be revenue neutral. if it's going to bring in revenue, the president has been very clear that the higher income people have to pay their fair share. >> karen, nancy pelosi wants some revenue raisers. she wants the upper income earners to pay a little more. she has 200 democratic votes in the house and a deal only needs 218 votes to pass. that seems like a lot of leverage. >> she has quite a bit of leverage. it's kind of an untold story of the last congress. a lot of the ways that things got passed was not because boehner was able to get the votes, bu
pelosi. she hasn't gotten the credit in the ones that passes legislation. this is pelosi who was on absentee this week talking about revenue raisers and the deal. >> would you accept a deal that does not include tax rate increases for the wealthy? we have talked about a possible compromise to cap deductions for high income earners. is that something that's acceptable? >> no. it's far too little money. and it could be they have said they wanted to be revenue neutral. if it's going to...
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. >> nancy pelosi insists that raising tax rate for the rich is going to happen. let me show you this. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all. no way. >> well, no. i mean, the president made it very clear in his campaign that there is not enough -- there are not enough -- what you just describe is a formula and a blueprint for hampering our future. >> heather, do you think the republicans will back down on this kind of insistence by the president backed up by pelosi and the democrats? >> i think there's real reason for hope. i think that the president soundly won the election, that the democratic senate got more progressive with people like elizabeth warren with sharon brown beating back hundreds of millions of dollars in special-interest corporate money from likes like the chamber. so i think there is hope for there to have been a strong signal started frankly last year with occupy, where we had this frame of the 1% versus
. >> nancy pelosi insists that raising tax rate for the rich is going to happen. let me show you this. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all. no way. >> well, no. i mean, the president made it very clear in his campaign that there is not enough -- there are not enough -- what you just describe is a formula and a blueprint...
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an idea that minority leader nancy pelosi smacked down without the slightest hesitation. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. is that something that's acceptable? >> no. >> not at all. no way. >> no, the president made it very clear in his campaign there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> yes, it does seem that the gop's new ideas look a lot like their old ideas, which were just litigated in the election and lost. of course, mitt romney's chalked that up to gifts from the praez's president's camp. how is that going over? >> i just think it's nuts. i mean, first of all, it's insulti insulting. this would be like walmart having a bad week and going the customers have really been unruly. >> we'll grant mr. gingrich his share of schadenfreude but surely mr. romney is getting more support in other republican quarters for taking on the takers. >> we're in a big hole. we're not getting out of it by comments like that. whe
an idea that minority leader nancy pelosi smacked down without the slightest hesitation. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. is that something that's acceptable? >> no. >> not at all. no way. >> no, the president made it very clear in his campaign there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> yes,...
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if the president had a mandate, nancy pelosi would be the next speaker of the happen. -- of the house. that will not happen. >> what about your outlook? how confident are you right now as these negotiations began at the end of the day there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to in 2008. there is a benefit to limited government. the president did not have it in two dozen 9. now they're in it -- in 2009. now there is a restraint influence, and there is an opportunity for both of these men, the president, who i knew from my days in the state senate, the speaker of the house, and their dispositions to come up with the remedy. >> would it be better if there were just a two of them? >> they have temperaments that can get to yes, and that is a good thing. >> thank you for joining us. one of the players in these negotiations. thank you for your time for the republican perspective. >> live coverage as ted koppel talks about live it network mays. at 8:00, the 30 years s
if the president had a mandate, nancy pelosi would be the next speaker of the happen. -- of the house. that will not happen. >> what about your outlook? how confident are you right now as these negotiations began at the end of the day there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to in 2008. there is a benefit to limited government. the president did not have it...
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. >> stephanie: someone tried to ask nancy pelosi. isn't there a way that we cannot sort of close loopholes and not raise taxes on the rich. she's like no! no! there is not enough revenue there. bush tax cuts are done! >> they were supposed to expire two years ago. they were meant to expire. it was written -- >> stephanie: tom in pennsylvania. hello, tom. >> hey steph. how you doing? welcome from the northernmost county of alabama. look, i don't mean to be dr. buzz kill but you know, these guys on fox and the entire right wing establishment they're really not a joke. i mean they -- we like to laugh at them and it is good fun to laugh at them. and you need to laugh at them in a way but as a historian which is how i was trained they really remind me of how nazi, germany got started. >> stephanie: you beat jim to that this morning. >> caller: no. anyway i could duplicate his version of -- but it really bothers me when i look at these people who make up news. >> stephanie: yep. exactly. by the way someone was calling him to say -- did we
. >> stephanie: someone tried to ask nancy pelosi. isn't there a way that we cannot sort of close loopholes and not raise taxes on the rich. she's like no! no! there is not enough revenue there. bush tax cuts are done! >> they were supposed to expire two years ago. they were meant to expire. it was written -- >> stephanie: tom in pennsylvania. hello, tom. >> hey steph. how you doing? welcome from the northernmost county of alabama. look, i don't mean to be dr. buzz kill...
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>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't want to walk into this, but you combine what nancy poelosi said yesterday, what the president said at the press conference yesterday, very defiant. >> speaker boehner. >> yes. >> and, you know, and john boehner right after the election. i mean, these people, do they get a professional mediator to figure out how to get this done? >> look, this is how negotiations happen. president is taking -- >> we have no solution. that's how negotiations happened before, steve, and then nothing happened. >> this has been going on for years. >> i don't want to be optimistic because i'm no
>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't...
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nancy pelosi went on "this week" to talk about the tax-raising issue. here she is. >> you cannot go forward -- you have to cut some investments if you cut too many you are hampering growth education, and investment in the future so just to close loopholes is far too little money. if it's going to bring in revenue, the president has been very clear that the higher-income people have to pay their fair share. >> john: not only has he been clear about this. he was clear about it in 2008. barack obama ran in 2008 just like bill clinton ran in '92, saying -- all barack obama wanted to do was to let the bush tax cuts for the wealthy expire right? so number 1, the american people voted for this so barack obama has run on this twice, and he didn't get it done in the first term, but don't ever forget this is not obama's tax increase this is bush's tax increase my friends, this minor three-point hike was supposed to go into effect in 2010 the bush tax cuts were designed to run for ten years and then expire it's bush's tax increase, nobody else's and really where i
nancy pelosi went on "this week" to talk about the tax-raising issue. here she is. >> you cannot go forward -- you have to cut some investments if you cut too many you are hampering growth education, and investment in the future so just to close loopholes is far too little money. if it's going to bring in revenue, the president has been very clear that the higher-income people have to pay their fair share. >> john: not only has he been clear about this. he was clear about...
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." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behind closed doors that we don't know about? >> i don't think so. public posturing at this point. >> here is the difference since the election. the tea party is not as strong as it was. yes, the members who came back one at gerrymandered districts, but speaker boehner has more control of his caucus this time. >> mitt romney explains why president obama won the election. >> what the president is give them two things -- one, big gift on immigration with the dream act and the amnesty program. no. 2, he put in place obamacare, which basically is $10,000 a family. >> mitt romney explaining to his biggest donors why he lost the election. gov. bobby jindal, chris christie, they don't like that kind of talk. >> well, it is politically suicidal. every once in awhile in my reporterial life i think, you are an idiot -- maybe he misspoke and we were doing him
." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behind closed doors that we don't know about? >> i don't think so. public posturing at this point. >> here is the difference since the election. the tea party is not as strong as it was. yes, the members who came back one at gerrymandered districts, but...
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did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more missiles being fired into israel's territory. >> first off, we're in a developing story in the middle east. let's go now to stephanie gosk, who is in tel aviv with the latest. what's the tone on ground today? >> well you hear the president say that as long as rockets were dropping, it was going to be impossible to get a cease-fire here. and the rockets definitely keep on coming. and there have been attacks back and forth. a couple of volleys of rockets that came toward tel aviv. intercepted by the israeli missile defense system, iron dome, which e
did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more...
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we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the w
we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >>...
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it was a personal mistake. >> i sat down with house minority leader nancy pelosi. we'll hear more from that interview, but let's listen to what she said about this. >> so you don't think he should have resigned? >> well, that was his decision. that was his decision. my only -- >> but if you just think it's a personal matter, why should he resign? >> what happens in his life is not my business. what happens on the internet is i think stupid, but those are decisions that he made. i think he did something that wasn't good, and he made the honorable decision to resign. >> congressman king, should he have resigned? >> i think all the fact is, yes. i have great regard for general petraeus. i consider myself a friend of general petraeus, and he's handled himself with great dignity and class over the years. he's an outstanding leader. obviously mistakes were made here. i think we have to reach a stage, though, when you think of so many leaders in the past who have had sexual indiscretions and they stayed in office in the modern world in which we live, i guess it's almost l
it was a personal mistake. >> i sat down with house minority leader nancy pelosi. we'll hear more from that interview, but let's listen to what she said about this. >> so you don't think he should have resigned? >> well, that was his decision. that was his decision. my only -- >> but if you just think it's a personal matter, why should he resign? >> what happens in his life is not my business. what happens on the internet is i think stupid, but those are decisions...
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i mean, nancy pelosi told rates. >> starting point, huh. we had some controversial comments this week by governor mitt romney in a conference call with donors. let's listen to that. >> but the president's campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government and then work very aggressively to turn them out to vote. >> if you want voters to like you, the first thing you've got to do is to like them first and it certainly is not helpful to tell voters that you think their votes were bought. this is completely not helpful. this is not where the republican party needs to go. >> what do you think of that? is that where the republican party needs to go? >> i just think it's nuts. i mean, first of all it's insulting. this would be like walmart having a bad week and going, the customers have really been unruly. i mean, the job of a political leader is to understand the people. if we can't offer a better future that is believable to more people, we're not going to win. >> and how
i mean, nancy pelosi told rates. >> starting point, huh. we had some controversial comments this week by governor mitt romney in a conference call with donors. let's listen to that. >> but the president's campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government and then work very aggressively to turn them out to vote. >> if you want voters to like you, the first thing you've got to do is to like them first and...
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." >> you have e an nancy pelosi taking the position that it $1 million, not $250,000. said make itas $500,000. movement ise the going to come. >> we are nibbling at the edges. know, but that is where comes.ement >> i is there a deal behind clod doors that that we don't know about? i don't think so. posturing at this point. >> the tea party is not as was.g as it the memberswho came back won in gerrymandered districts, boehner has more control of his caucus this time. >> what the president did oneive them two things is it gives them two things -- one, a big tiff with the act and the amnesty program, and number two, a big obamacare, $10,000 a family. >> mititt romney explaining to s donors when he lost the election. gov. bobby jindal, chris chriristie, they don't like that kindnd of talk. well, becauause i h politically suicidal. -- is politicallyly suicidal. awhile i say to myself, you are an iot. ery me you, maybe he misspoke with 47% and we were doing him a disservice. now, that is what he meant that he said it again. >> toward t the end of the much -- hwas >> much mor
." >> you have e an nancy pelosi taking the position that it $1 million, not $250,000. said make itas $500,000. movement ise the going to come. >> we are nibbling at the edges. know, but that is where comes.ement >> i is there a deal behind clod doors that that we don't know about? i don't think so. posturing at this point. >> the tea party is not as was.g as it the memberswho came back won in gerrymandered districts, boehner has more control of his caucus this...
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we have something more important. >> nancy pelosi seen earlier this week: surrounded by other women in congress making it known she will run to stay on as democratic leader in the house. so was it a senior moment or wishful thinking? >> i'll go with wishful anying. it's good news for those in the media who like to have nancy
we have something more important. >> nancy pelosi seen earlier this week: surrounded by other women in congress making it known she will run to stay on as democratic leader in the house. so was it a senior moment or wishful thinking? >> i'll go with wishful anying. it's good news for those in the media who like to have nancy
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. >> didn't nancy pelosi say today they would have milestones along the way and that there might be miniature goals as we get to the end? >> yes. >> how do you see that playing out? >> well, i think that this, again -- gwen: is this part of the public? >> this is a sign they have to get this done. there is nobody right now on either side of the aisle who wants to see this happen. i think what you're seeing when harry reid, for instance, is standing there and practically promising that we're going to get a deal before december 31, he stood up there and said that today. they mean business. >> right. >> there are lots of pieces to this. i think what they agreed to today is divide into pieces. how do we deal with the end of the year problem on spending, what do we do about a longer term deficit thing. they're trying to set up a framework to get it done. gwen: the sequester is what they're going to talk about down the road? >> they're probably going to find a settlement for this year, whether they do $100 billion down payment on deficit reduction, which is one year's worth of the sequester while t
. >> didn't nancy pelosi say today they would have milestones along the way and that there might be miniature goals as we get to the end? >> yes. >> how do you see that playing out? >> well, i think that this, again -- gwen: is this part of the public? >> this is a sign they have to get this done. there is nobody right now on either side of the aisle who wants to see this happen. i think what you're seeing when harry reid, for instance, is standing there and...
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." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50,000. another -- and not $250,000 bid another suggestion, $500,000. that is where the movement is going to come, on that number. . >> nibbling at the edges. >> i now, but that is where the movement comes. >> is there a deal behind closed doors we don't know about? >> i don't think so. public posturing at this point. >> the tea party is not as strong as it was. the members who came back won gerrymandered districts, but speaker boehner has more control of his caucus this time. >> mitt romney explains why he lost the election. >> the president gave them a big gift on immigration with the dream act and the amnesty program. number two, put in place obamacare, which is basically $10,000 a family. >> there is mitt romney extending to its biggest donors why he lost the election. gov. bobby jindal, chris christie, they don't like that kind of talk. >> well, because it is politically suicidal. every once in awhile i say to myself, you are an idiot. every time you think, maybe he miss
." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50,000. another -- and not $250,000 bid another suggestion, $500,000. that is where the movement is going to come, on that number. . >> nibbling at the edges. >> i now, but that is where the movement comes. >> is there a deal behind closed doors we don't know about? >> i don't think so. public posturing at this point. >> the tea party is not as...
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next on news watch, an interesting moment from nancy pelosi. pelosi. >> gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. ... art b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. roo. >> yesterday, we did not have a majority but weed the gavel. excu
next on news watch, an interesting moment from nancy pelosi. pelosi. >> gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these...
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>> well, nancy pelosi seems to think, as she was mixed up with the 11th and 14th amendment in raising the debt ceiling, the congress and the president needs to work together, but as for numbers, the congressional budget office came out with a recent report saying if you do what republicans want to do, it will only have the economy grow 1.5%, if you do what obama wants us to do, 1.25%, so, jamie, for it to actually come to a compromise, it just can't be a discussion about tax increases or not. you're going to have to cut spending and have entitlement reform. so, i do believe that they're going to go to a compromise, either speaking of the fiscal cliff and hurting seniors. if we go over the fiscal cliff, it will hurt all americans. >> jamie: i understand, thank you both so much for weighing in. great discussion, doug schoen and angela mcglowan, angela the optimist. (laughter) >> good to see you, it was an extremely tight election, over now in arizona, barber has won the 2nd congressional district narrowly beating out the republican. and the voters had picked barbara to fill out the rema
>> well, nancy pelosi seems to think, as she was mixed up with the 11th and 14th amendment in raising the debt ceiling, the congress and the president needs to work together, but as for numbers, the congressional budget office came out with a recent report saying if you do what republicans want to do, it will only have the economy grow 1.5%, if you do what obama wants us to do, 1.25%, so, jamie, for it to actually come to a compromise, it just can't be a discussion about tax increases or...
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you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >> yeah. >> they have got to solve this issue because if not the consequences are severe. >> you know, you listen to some people and they suggest that fears of falling off the cliff are overblown. i mean, what are the real consequences here? >> the real consequences are another recession. i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people. i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the lan
you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >>...
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which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pressure on state
which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't...
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but with now 45 days to go, you know, i think the minority leader nancy pelosi's goal of christmas is a good one. it's probably also realistic that it won't happen before then. >> what about to both of you, if, if we get the money, say we get this trillion dollars one way or another, is there a guarantee, nancy, to you first, that, that this goes to reducing the deficit? i mean, do we have that guarantee? is there any way it could be spent? >> well, i feel like the president has talked about spending some of that before on infrastructure projects, and the idea of creating jobs. but i do think that the bulk of it will go towards reducing the deficit. that's something that both parties agree really has to be tackled. and the problem is that if they don't tackle it now they'll have to tackle it down the road. so i think that this will be -- this is one of the few shared goals that they do have, taking that money to reduce it. >> you agree, ed? >> yeah, absolutely. i think you mention infrastructure. i mean, that is one possible spending program or stimulus-like proposal that is out there
but with now 45 days to go, you know, i think the minority leader nancy pelosi's goal of christmas is a good one. it's probably also realistic that it won't happen before then. >> what about to both of you, if, if we get the money, say we get this trillion dollars one way or another, is there a guarantee, nancy, to you first, that, that this goes to reducing the deficit? i mean, do we have that guarantee? is there any way it could be spent? >> well, i feel like the president has...
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host: nancy pelosi announcing she will return as the house minority leader, one of the ones at the white house just today that you probably saw. also talking with reporters after the meeting. here she talks about her focus that she had going into the meeting. [video clip] >> the speaker spoke about a framework going into next year. i was focusing on how to send a message of confidence to consumers in the markets in the short term to. we should have a goal in terms of how much deficit reduction we should have. we should have a deadline before christmas. we should scare some milestones of success so confidence can build as we reach our solutions. if we do not reach an agreement, not only will we miss an opportunity to lift the spirits and confidence in our country, we will have an economic downturn that must be avoided. we understand our responsibility there. we understand it has to be about cuts and revenue. it has to be about growth. it has to be about the future. as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. i
host: nancy pelosi announcing she will return as the house minority leader, one of the ones at the white house just today that you probably saw. also talking with reporters after the meeting. here she talks about her focus that she had going into the meeting. [video clip] >> the speaker spoke about a framework going into next year. i was focusing on how to send a message of confidence to consumers in the markets in the short term to. we should have a goal in terms of how much deficit...
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. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz. i'm sorry mr. mraz. chris hayes, host of "up with chris hayes." i'm going to call it upha. ometh? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out mor
. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz....
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pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use
pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line...
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Nov 17, 2012
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. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris hayes, i'm going to call it yupa. i hope you don't mind. we'll be right back. >>> the scariest sentence in the english language is this one. elizabeth warren will be the next senator from the state of massachusetts. now that that very scary sentence has come true, it's playing out in an interesting and very specific way. that's next. >>> the system is rigged. look around. oil companies guzzle down billions in profits. billionaires pay lower tax rates than their secretaries. and wall street ceos, the same ones who wrecked our economy and destroyed millions of jobs still strut around congress demanding favors and acting
. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris...
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Nov 17, 2012
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma in the bush prescription drug program. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. social
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...
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. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year. >>> tonight the shelves are empty. >> i'm just fighting for my rights and don't take away what i got. >> the twinkie is now a story of lost jobs. >> it's a childhood memory, definitely. >> in the creamy filling, there is also a lesson in nostalgia. why so many americans are suddenly so fond of yellow dye no. 5. >> here's your reward! >> thanks! creamy filling! >> and it is also the story of us. how the 150-calorie snack cake can teach us a lot about 80 years of american history. incorporated, the maker of twinkies and wonder bread ag others, has filed for banru. the beleaguered bakery will >>> hostess, the maker of twi
. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year....
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. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris hayes, i'm going to call it yupa. i hope you don't mind. we'll be right back. [ male announcer ] kids grow up in no time... marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. and 320 calories. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they c
. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris...